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Property management software: Why more Americans firing their property managers

Housing Wire

Hiring a property manager to handle day-to-day operations may seem like the best way to alleviate the stress. Traditional property managers are expensive, and with high interest rates and expenses, potential profit margins for rental property owners can be slim to none.

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A new source of affordable housing inventory: Private seller auctions

Housing Wire

Tony Richards recently purchased four properties in his hometown of Montgomery, Alabama. He bought it from an outside landlord who didnt have the local market knowledge or presence needed for property management. All four of the properties are in underserved neighborhoods as defined by the Federal Housing Finance Agency (FHFA).

Sellers 324
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Housing Market Forecast: Unpredictable Mortgage Rates to Shake Up 2025

Appraisal Buzz

Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. More inventory should shake loose in 2025, giving buyers a bit more room to breathe.” As the market gradually recovers, 2025 should bring more sales and relatively moderate increases in property values. Zillow predicts 4.3

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57 crucial real estate statistics that explain the 2025 market

Housing Wire

34% of properties have seen a decrease in price; 3% of properties have seen a price increase. 10% of properties have been relisted. The market action index is 37, indicating that there is a slight seller’s advantage. 32% of buyers are first-time buyers, and 75% of those first-time homebuyers are aged 25 to 33.

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Single-Family Rents Climb to Record High

Appraisal Buzz

While builders response has kept multifamily rent growth steady for several months and stubbornly high mortgage rates are limiting buyer demand and home value increases, detached single-family home rentals are still rising at an accelerating rate. Instead, in an effort to attract tenants, property managers are increasingly using concessions.

Inventory 370
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Zillow, Realtor.com join forces to share 3D home tours and interactive listings

Housing Wire

The new partnership will let real estate agents share immersive listings with potential clients on both platforms, boosting visibility and simplifying the home search process for buyers. Consumers shopping on Realtor.com can use Zillow’s 3D home tours and immersive listing media to select homes with more speed and accuracy.

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Roofstock buys Great Jones platform to help investors profit on their real estate

Housing Wire

Roofstock , a proptech startup aimed at making it easier to purchase an income-producing property, announced Wednesday its acquisition of Great Jones , a property management platform that Roofstock intends to utilize for its “end-to-end single-family rental platform.”